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AutoSuccess Best Practices Summit III Details Page 4




                                                                    .biz


Dealix: Driving
Online Auto Sales
Vice Presidents Steve Pace and
Dean Evans Talk Sales from
10 Years in the Business
PUT YOUR DEALERSHIP UNDER THE LIGHTS
   WITH AUTOTRADER.COM AND ABC’S MONDAY NIGHT FOOTBALL.




AUTOTRADER.COM HAS TEAMED UP WITH ABC’S MONDAY NIGHT FOOTBALL TO GIVE YOUR DEALERSHIP THE WINNING EDGE.
Make the big play, and drive more traffic to your dealership with AutoTrader.com’s sponsorship of ABC’s Monday Night Football. This sponsorship will have a
huge impact and reach 12.5 million households each week. Only AutoTrader.com can offer you an opportunity this big. Which is why we’re the driving force
behind $50 billion in used-car sales every year. So take advantage of this sponsorship, and find out why AutoTrader.com is the smarter way to sell more cars.

2005 ABC Monday Night Football Sponsorship:
  • The biggest match-ups every week
  • Every wild-card game in January
  • AutoTrader.com Post-Game Show                                                                        Call AutoTrader.com at 1-888-249-6860 today.

©2005 AutoTrader.com is a trademark of TPI Holdings, Inc. and is used under license.
“ABC’s Monday Night Football” is a registered trademark of ABC Sports, Inc. and is used under license.
Dean Evans                         David Kain                            Darren                        Sean                 Scott Joseph
         Vice President of                 President, Kain                  Haygood                    WolÞngton                      President & CEO,
         Marketing, Dealix                 Automotive Inc.                                        Owner, BZResults.com               J&L Marketing, Inc.
                                                                        General Manager,
                                  Internet & BDC Training                  Lokey Nissan                Case Study: How            Case Study: Johnson
            You will learn:                     Specialist                                           to use BDC/Internet           City Honda: Sells 65
 - Internet Marketing that                                                  You will learn:           departments to sell           extra cars a month
    generates high quality                   You will learn:             - The "Real Deal",        100 - 500 extra cars a        and grosses increased
                      leads         - Mapping out the best          maximizing REAL ROI                           month.                 $1,300 per car
         - Maximizing lead           Internet sales process       - e-Commerce success,                     You will learn:
     generation from your             - E-mail templates for     choose the right solution            - Setup a successful                 You will learn:
                  Web site        the best short and long-              for your dealership                   BDC/Internet         - How to add 33% to
  - Maximizing third party              term communication       - Used cars, sell more at                     department      your bottom line and not
           automotive sites       - Phone script elements                 HIGHER grosses                  - Use the Web to           increase ad budget
      - Metrics that matter               that turn leads into                                      promote all your proÞt            - How to grow your
                                                                    - New cars, to BDC or
     - Focus on return on                       appointments                                                        centers                customer base
                                                                                not to BDC         - Use the Web to drive
                investment         - Recruiting, hiring and                                                                      - How to increase your
                                                                      - Spend $200 to sell             showroom & phone
                                 compensating for results                                                                        average gross per unit
                                                                                     9 units                          trafÞc            - How to increase
                                                                                                 - Sell old stock, vehicles    purchase frequency plus
                                                                                                          & parts inventory     customer residual value
                                                                                                   - Use e-mail marketing
                                                                                                   to drive more trafÞc for
                                                                                                                  zero cost




        Steve Hiatt                Keith Latman                        Jasen Rice                      Chip Perry                    Jim Adams
                                                                                                                                                                Dealers & Managers Only!
           Owner, Mountain            CEO & Co-Founder,               Internet Director, Lou         CEO and President,               General Manager,
                   Mitsubishi                 iCarMagic                    Fusz Automotive                                                   Roper Kia
                                                                                                        AutoTrader.com
       Case Study: How to
increase your net by half
          a million in a year.
                                        Case Study: How
                                       to avoid the smoke
                                                                      Case Study: Ranked
                                                                        #17 in Total Internet
                                                                  Sales for dealer groups,
                                                                                                    Internet Advertising                   Honor Your         Two days of intense learning.
                                                                                                                                                                 Dramatically improve
                                      and mirrors and use                                                 Best Practices           Commitments: The
             You will learn:                                          Internet departments
                                   technology to increase                                                                        Þve things we owe our
   - Evaluating personnel,                                                generate upwards
                                          your bottom line                                                                                   sales staff
                                                                         of 20%-40% of the
                                                                                                                                                                     your results.
 the lazy or content ones                                                                                   You will learn:
          - Continually train                 You will learn:               dealerships total    - How AutoTrader.com’s
 everyone: Front end two              - How to use software                        business.       top performing dealers                  You will learn:
  times a week, Þxed end                   tools to merge the                You will learn:          get their outstanding    - How to understand that
                 once a week     Internet & Showroom into            - Marketing to today’s                          results     opportunity generations
    - Put in controls. Move          a cohesive opportunity             Internet consumers                                        are the key to success
    over aged inventory in                                         - Internet Department’s                     - Take home
                                     - How to manage lead
       new, used and parts                                         steps and processes to            examples of effective       - Individual goal setting
                                    providers and Web site
              - Forge a deep           trafÞc to bring on real        the appointment/sale             merchandising you             - Managing activities
      relationship with your              ROI & not just hype     - Gaining revenue in the                        can put to                  bring results
manufacturer to help get            - When technology can         Þnance department and                     immediate use      - Daily one-on-ones: The
    correct inventory, ßoor           help you and where it        getting them to become                                                  key to success
             line and capital                    can hurt you            more atoned to the
                                                                                                                                   - Your selling attitude:
               - Praise every            - E-mail prospecting             Internet customer
      improvement in sales            pitfalls, how too much     - Meeting and exceeding                                                Mirroring behavior
 goals, certiÞcations, etc.          of a free thing can hurt            Internet customers                                         - Building your dealer
                 out in public                      your store                 expectations                                                          brand




                                                                                                                                                                       MGM Grand
                                                                                                                                                                    Las Vegas, Nevada
                                                                                                                                                                  November 3 & 4, 2005
Randy Barone
          Vice President of
                                 Robert Revere
                                  CRC Director, Avondale
                                                                       Kevin Root
                                                                        VP & GM, Dealer
                                                                                                            Jennifer
                                                                                                            Picheco
                                                                                                                                      Erik Stuttz
                                                                                                                                        Vice President of
                                                                                                                                Consulting, STC Group
                                                                                                                                                              Limited Seats, Register Today!
    Sales, American Auto
                                                                                                                                                                      866.317.7914
                                             Auto Group             Advisory Service, The                   Director of
             Exchange Inc.                                                  Cobalt Group          e-Commerce, Germain            Case Study: Paragon
      10 Must Haves for                                                                                Motor Company               Honda & Acura uses
                                  Case Study: Transition                                                                          CRC to sell 106 extra
  Today's Used Vehicle                                           Case Study: Processes
               Department           from Internet BDC to                                          Case Study: Germain                  cars in one month.
                                                                  the top 20 dealerships
                                       modern day CRC                                                   Motor Company’s                   You will learn:
            You will learn:
                                                                                                                                                               Case studies from successful
                                                                    use to convert more              Internet department
       - Sales people, the                                                 leads to sales                                      - How we increased our
                                                                                                  sells over 200 cars per           leads and increased
    right number and the                   You will learn:
                                                                                                      month - here is our       our closing ratio from 7
                                                                                                                                                              dealerships across the country.
                  right type        - Lower compensation                    You will learn:                        secret         percent to 25 percent
   - How to achieve a 50                      percentages
 percent closing trade-in                                               - Use the top three                                       - How to evaluate the
                                        - Lower overhead           key success drivers to                   You will learn:       different CRC models
                         ratio
                                             - 100 percent          convert leads to sales                  - Dedicated vs.      to choose the one that
  - What to list online for
                                                                                                                Designated           works for your store
          maximum results                    accountability         - Avoid the three most        - The pricing fear factor
                                                                                                                                                               Class room style seating only
       - How to eliminate                                          common mistakes that                                        - How to staff your CRC
                                           - Higher results                                      - Are you really listening          - How to build out &
            wholesale loss                                                          kill sales            to the customer?       overcome obstacles to
       - What to stock (80
                                                                      - Maximize your lead            - Third-party leads...
                                                                                                                                                               $695 in advance, $995 after
      percent of inventory                                                                                                         creating a successful
                                                                                     volume                       Why not?                           CRC
         turning in 22 days
                                                                        - Respond to leads       - Move forward or move               - Best practices for
                     or less)
                                                                                                         on - Our follow-up
                                                                                                                                                                      October 5, 2005.
- Best practices of some                                         - Drive for appointments                                               turning leads into
                                                                                                                  schedule     appointments that show
    of the largest dealers                                          - Focus on processes             - Measure, track and        and appointments into
and dealer groups in the                                                 that deliver results                     feedback                          sales
                     country

                                                                                                                                                                   Speakers and times subject to change
SUMMITIII
                                   BEST PRACTICES

          LEADERSHIP      •   INTERNET     •   CRM    •   MARKETING    •   BDC   •   SALES




Call today to register.   toll free 866.317.7914     web www.autosuccess.biz
Making the Most of Change
                                                                                                                                                                              8          BrianTracy



INSID                    Just Promoted to Internet Manager, What to do First

          Understanding the Difference Between a Web Site and a Total
        Marketing System Can Help Sell an Additional 500 Cars a Month
                                                                                                 The Science of Persuasion


                                                                                                                                                                           10
                                                                                                                                                                            12
                                                                                                                                                                              9          AnthonyHall

                                                                                                                                                                                         DavidKain

                                                                                                                                                                                         RadWeaver

                                          Used Vehicle Market: Get Your Piece of the Pie
                                                                                                                                                                            14           RandyBarone

                                                                                                     Matching and Mirroring
                                                                                                                                                                           16            PattiWood

                                                 Ride Employee Development to the Top                                                                                      18            TomGegax

                                                                             Dealix: Driving Online Auto Sales
   Vice Presidents Steve Pace and Dean Evans Talk Sales from 10 Years in the Business                                                                                     20             BrianAnkney

                                                                                                    Crunching the Numbers:
                                                      Many Dealerships Pay More than Necessary in Trash Bills
                                                                                                                                                                          22             TracyGetz

                                                                                                                             Can I Trust You
                                                                                                                                                                           24            MarkTewart


                              Use Your Own Unique Leadership Style to Build a Better Team
                                                                                                                      Beyond the Vision
                                                                                                                                                                          26             CarolMartin-Ardell

                                                                       Using the Service Drive to Sell VSCs
                                                                                                                                                                          28             TonyDupaquier

                                                                                                                               Quick-Þx Ideas
                                                                                                                                                                          30             ScottJoseph

                                                This is YOUR Life, Don’t Trust Your Memory
                                                                                                                                                                          32             MichaelYork

                                                                              People Won’t Go Along With You
                                                                             if They Can’t Get Along With You                                                             34             SeanWolfington

                                                                                  A Perpetual State of Motivation
                                                                                                                                                                          36             JimAdams




                                                                                                                                                                                         Matthew 21:22
                                                                                                                                                                                         “If you believe, you will receive
                                                                                                                                                                                         what you ask for in prayer.”
                                                                                         3411 Pinnacle Gardens Drive Louisville, Kentucky 40245
                                                                                         ! Toll Free: 877.818.6620 " Facsimile: 502.588.3170
                                                                                                                                                                                         James 3:17
                                                                                         Patrick Luck, Editor & Publisher
                                                                                         • pluck01@autosuccess.biz                                                                       “But the wisdom that is
                                                                                         Susan Givens, Vice President
                                                                                         • sgivens02@autosuccess.biz
                                                                                                                                                                                         from above is first pure, then
                                                                                         Courtney Paris, Sales-improvement Strategist                                                    peaceable, gentle, and easy to be
                                                                                         • chill-paris04@autosuccess.biz
                                                                                                                                                                                         intreated, full of mercy and good
                                                                                         Brian Ankney, Sales-improvement Strategist
                                                                                         • brian01@autosuccess.biz                                                                       fruits, without partiality,
 God Bless America
                                                                                         Thomas Williams, Creative Director
                                                                                         • twilliams03@autosuccess.biz                                                                   and without hypocrisy.”

  AutoSuccess Magazine is published monthly at 3411 Pinnacle Gardens Drive, Louisville, Kentucky, 40245; 502.588.3155, fax 502.588.3170. Direct all subscription and customer service inquiries to 877.818.6620 or
  info@autosuccess.biz. Subscription rate is $75 per year. AutoSuccess welcomes unsolicited editorials and graphics (not responsible for their return). All submitted editorials and graphics are subject to editing for grammar, content, and page length. AutoSuccess
  provides its contributing writers latitude in expressing advice and solutions; views expressed are not necessarily those of AutoSuccess and by no means reflect any guarantees. Always confer with legal counsel before implementing changes in procedures.
  © All contents copyrighted by AutoSuccess Magazine, a Division of Systems Marketing, Inc. All rights reserved. Reproduction in whole or part is prohibited without express written consent from AutoSuccess. AutoSuccess
  may occasionally make readers’ names available to other companies whose products and/or services may be of interest; readers may request that names be removed by calling 877.818.6620. Printed in the USA.
  Postmaster: Send address changes to AutoSuccess Magazine, 3411 Pinnacle Gardens Drive, Louisville, Kentucky 40245.
BrianTracy




                                             Making the Most of Change
                     To deal with change,          Acceptance is the opposite of rejection or        adjusting your mind to the new information
                     perhaps the most              resistance. Acceptance keeps your mind calm       and preparing to take steps to deal with the
                     valuable         quality      and positive. The minute you accept that a        change effectively.
                     you can develop is            change has occurred and that you can’t cry
                     flexibility. Form the          over spilled milk, you become more capable        The final part of this four-step method for
                     habit of remaining            of dealing with the change and turning it to      dealing with change is to improve on the
open-minded and adaptable to new                   your advantage.                                   existing situation. Often, a change signals
information and circumstances. When things                                                           that your plans are incomplete or that you
go wrong, as they sometimes will, instead          One of the best ways to deal with the worry       might be heading in the wrong direction.
of becoming upset or frustrated, practice          that is often generated by unexpected             Serious changes, which seemingly create
looking into the change or reversal for the        changes is to sit down and answer, on paper,      real problems, are often signals that you are
opportunity or benefit it might contain.            the question: “What exactly am I worrying         on the wrong track. There is an old saying,
                                                   about?”                                           “Crisis is change trying to take place.” If,
Superior men and women are invariably                                                                instead of resisting change, like a pine tree
those who remain calm and keep their wits          In medicine, it is said that accurate diagnosis   that snaps in a strong wind, you bend with
about them amid unexpected turbulence.             is half the cure. When you sit down and           change, like a willow tree, you will often find
They take a deep breath, relax and assess the      define a worry situation clearly on paper, it      that the change is a healthy and positive step
situation objectively. They keep themselves        suddenly becomes less stressful to you and it     toward achieving your goals.
calm and unemotional by asking questions           will often resolve itself. In any case, when it
and seeking information when things don’t          is clearly defined, you have diagnosed it, and     W. Clement Stone, the founder of Combined
work out as they expected. For example, if         you can now do something about it.                Insurance Company of America, is famous
someone doesn’t fulfill a commitment, or if                                                           for his attitude of being an “inverse paranoid.”
a sale is canceled or fails to go through, they    The second step is to ask yourself, “What         He is convinced that everything that happens
keep their minds clear and steady by asking        is the worst possible thing that can happen       is part of a conspiracy to help him to be more
questions, such as “What exactly happened          in this worry situation?” Much worry and          successful. Whenever something unexpected
in this situation?” They deal with change          stress comes from the refusal to face what        occurs, he immediately says, “That’s good!”
by focusing on getting the facts before            might happen as a result of your difficulty or     and then looks into the situation to find out
responding. They develop the ability to cut        problem. When you clearly define the worst         exactly what is good about it.
through the confusion and ask questions such       possible outcome and write it down next to
as “Why did this happen? How did it happen?        the definition of the problem, you will find        The mark of a superior person is “tolerance
How serious is it? Now that it has happened,       that whatever it is, you can handle it. Often     for ambiguity.” This simply means that
what are the various things we can do?”            your worries will begin to evaporate as soon      you have the capacity to deal effectively
                                                   as you have clearly determined the worst that     in a rapidly changing situation. The higher
The critical issue in dealing with change is       might happen as a result.                         up you go  the greater your income and
the subject of control. Most of your stress and                                                      responsibilities, the higher your status and
unhappiness comes as a result of feeling out       Now decide to accept the worst possible           position  the faster the rate of change will
of control in a particular area of your life. If   outcome should it occur. Mentally resolve         be around you. At every stage, it will be your
you think about the times or places in which       that even if the worst possible consequences      ability to function with calmness, clarity and
you feel the very best about yourself, you will    ensue from this situation, it will not be the     quiet assurance that will mark you as the
notice that you have a high degree of control      end of the world for you. You will accept it      kind of person who is going places in life.
in those places. One of the reasons you like       and carry on. In fact, it could probably be       In the final analysis, your ability to perform
to get home after a trip is that after you walk    a lot worse. The very act of accepting the        effectively in a world of ongoing change is
through your front door, you feel completely       worst possible outcome completes the cycle        the true measure of how well developed a
in control of your environment. You know           of eliminating from your mind the stress and      person you really are. And the keys are to
where everything is. You don’t have to             anxiety associated with the situation.            accept change, adjust to change, improve
answer to anyone. You can relax completely.                                                          upon change and move on to the next
You are back in control.                           You are now ready for the third step              situation. As you continue to do this, you will
                                                   in dealing with change, and that is to            have such a wonderful feeling of self-control
With a clear idea of where you’re going and        adjust your behaviors and actions to the          and self-determination that your whole life
what you want to accomplish, you develop           new situation. Ask yourself, “What are all        will be bright and positive, and so will your
resilience, which is the ability to bounce back    the things I can do to make sure that the         results.
rather than break. You develop what is called      worst possible outcome does not occur?”
the “hardy personality” and become the type        Sometimes we call this damage control. In
of person who is resistant to the negative         business schools, this is an important part of
emotions that affect people who have no            decision making, and it is called the mini-max
goals or direction.                                regret solution. What can you do to minimize      Brian Tracy is the chairman and CEO
                                                   the maximum damage that can occur from an         of Brian Tracy International. He can be
The first step in dealing with any change           unexpected change or setback? As you begin        contacted at 866.300.9881, or by e-mail at
is simply to accept the change as a reality.       thinking of all the things you can do, you are    btracy@autosuccess.biz.


  8
AnthonyHall


                                                       The Science                                     MEET YOUR NEW
                                                      of Persuasion
                     Selling is the ability         and slow pace, try to do the same thing. This
                                                                                                       E-PLOYEE...
                     to be able to persuade         is called mirroring.
                     another human being
                     to see things your             Proceed with caution; however, do not let
                     way, as it relates             them be aware that you are copying them.           WORKS 24/7 WITHOUT A
                                                    They might interpret it as mockery and you’ll
                     to the car business,
                                                    just get into trouble.                             SICK DAY OR VACATION!
and to purchase the car you’re selling, at a
reasonable price.                                   3. Be cheerful and nice
A professional automobile sales person is           Did your mother tell you to be nice to people?
a professional mind changer, a persuader.           She was right. People like others who brighten
Selling skills are word tracks and processes        up their day. Make sincere compliments to
designed to persuade another person to act or       raise their spirits. Little things like these go
think in a predetermined manner.                    a long way to breaking the ice and getting the
                                                    relationship off to a good start.
In the sales profession, words are your
                                                    4. Be sincere and trustworthy
toolbox. The only thing you really are paid
to do is to talk with customers. The words          Make them feel that whenever they need help
and actions you choose and the order you            in the future, you’ll always be there to lend
                                                    them a hand. You’re their go-to guy or gal.        TIMEHIGHWAY.COM           replaces
speak them and action you take, reflect the
                                                    People tend to be more receptive to those          telephone-based scheduling with
interpersonal skills that separate great sales
people from those who are merely poor or            they trust. When you have a customer you are       internet technology that enhances
average.                                            trying to sell, over-deliver and exceed their      the effectiveness and customer
                                                    expectations. They will notice your efforts        satisfaction of your dealership.
Good communicators are always good                  and will be more than glad to do business
                                                                                                       By     scheduling    appointments
listeners. Success in sales is directly             with you and your dealership.
proportional to a person’s ability to effectively                                                      directly through your web site,
                                                    5. Provide them with compelling evidence           your customers make conÞrmed
communicate with customers.
                                                    Explain to them that you, your dealership and      appointments instantly without
The saying, “No man is an island” is an             vehicle could provide the most benefits for         call-backs.     TimeHighway.com
undeniable truth. We need the support and           them. Show them undeniable proof that you
                                                                                                       puts your service department’s
cooperation of our customers to help us in          have the best product by way of testimonials,
reaching our goals.                                 magazine articles and detailed comparisons         schedule on your web site,
                                                    against your competitors. Just make sure that      making it possible to schedule
Selling skills is an area we need to study          all your claims are true and verifiable. Always     appointments 24 hours a day, 7
in detail, daily. The relationship with the         maintain a good reputation.                           days a week, from anywhere.
customer is more important than any
procedures or negotiation techniques.               6. Show “What’s in it for them”
Structuring a sale is a series of events.           This is the most important thing to remember            • Your 24/7 Revenue
                                                    when persuading anyone. People are self-
Successful sales people know that one of            centered. They always put their own well-                   Building Tool
the most important abilities to possess is the
ability to persuade and influence others. Here
                                                    being before others. No matter how close           • EfÞcient and Simple to Use
                                                    you are to becoming like them or how
are seven hot tips to do this effectively.          overwhelming your evidence is, if it does            • Automatic ConÞrmation
1. Enter their world                                not satisfy the “what’s in it for me?” test,           and Reminder Emails
Try to put yourself in the customer’s shoes         your persuasion efforts will not produce
and understand what would be important in           satisfactory results. If you can prove that your     • Cost Effective: Only 54
the next vehicle from their point of view. Set      proposal will provide more advantageous                     cents an hour
aside your personal interests and concentrate       benefits to them than you, they are more
on the customer. Ask yourself if you are him        likely to accept it.
or her, what would you want from your next                                                               For More Information Contact
                                                    7. Genuinely care for them
vehicle? What would be your concerns? Then                                                              Karen Dillon at 800.901.3054 or
                                                    Focus more on their interests, desires, needs
structure the appropriate vehicle presentation      and expectations, so you can satisfy their            kdillon@TimeHighway.com
that would build value and point out the            craving for attention and establish mutual
benefits.                                            trust and respect. It also shows that you really
2. Mirror their body language                       care about them and that will make them more
People feel comfortable with those who are          likely to trust you and to work with you.
like them. Copy the person with whom you                                                                          5633 Strand Blvd, Suite 302
are trying to create a connection. Observe          Anthony Hall is a training consultant                           Naples, FL 800.901.3054
how they act, how they speak, and how they          at Ziegler Supersystems. He can be                                www.TimeHighway.com
think. If they rub their forehead while they        contacted at 800.610.9047, or by e-mail at
think, act like them. If they speak at a clear      ahall@autosuccess.biz.

october 2005
                                                                                                                                         9
DavidKain


                                                         Just Promoted to Internet
                                                         Manager; What to do First
                       Congratulations to the   Leads – There are many sources of leads,        Be Specific and carry it out to the fullest
                       new group of Internet    and your dealership likely has leads coming     detail possible.
                       managers out there!      in from a variety of sources already. Keep
                       You are embarking        in mind that you will receive leads by e-mail   4. Learn your products
                       on     an     exciting   and by phone depending on your listings.        Internet customers have easy access to
                       adventure that will      Both types are vital to your operation and it   information about their choice of vehicles
allow you to increase your income by            is important that your team be the recipient    and they typically know a great deal about
serving the fastest growing segment of the      of the e-mails and the calls related to the     their choices. As a result, they tend to judge
automotive marketplace. Be excited about        Internet. Your lead management tool will        the dealership person they communicate
the opportunity and bring a lot of energy to    be the best source for identifying your lead    with on a more critical basis if they cannot
the role. Regardless of what situation you      sources. A good rule of thumb is to generate    effectively answer questions about their
walked into, there are some important first      80 to 100 leads for each full-time Internet     products. To meet Internet customers’
steps you should take to ensure you have        sales person if they work the deals from        expectations it is important that you ensure
solid success now and in the future. Take       lead inception to vehicle delivery and to       that each person on your team is fully
these five steps first and you will set the       generate 150 to 200 leads for full-time BDC/    committed to learning about the products
stage for good results.                         CRC or call center team member if they set      you represent.
                                                appointments for the dealership sales team.
1. Identify expectations                                                                        New inventory
Of course you have your own expectations        Example Lead Sources                            Have your team become product certified
and would likely not have accepted the job       • Dealership Web site leads                    by the manufacturer and sharpen their skills
if you did not feel you could improve your          – www.yourdealership.com                    with product presentations by the dealership
income and position within the dealership.       • Manufacturer leads                           sales team. Test drive the products so they
However, it is equally important to find            – FordDirect.com, BuyaToyota.com,            can learn about the unique features and
out what your management team expects              GMBuyPower.com, etc.                         benefits.
from the department. Ask them how they           • Third-party leads
will measure the department results and            –     Dealix.com,    AutoUSA.com,            Used inventory
be sure to obtain objective goals that you         Autobytel.com, etc.                          Do a daily inventory walk, test drive new
feel you can reach. It is important that you     • Online classiÞed leads                       arrivals and ask the sales person that traded
understand what actions are necessary to             –    AutoTrader.com,    Cars.com,          for the vehicle to tell you about the history
achieve the goals and how management will          AutoExtra.com, etc.                          so you can bring the vehicle to life for the
work with you to support your efforts.           • Online Auctions                              customer.
                                                   – eBay.com, Overstock.com, etc.
2. Identify resources                                                                           5. Walk in your customer’s shoes
Tools – Today’s progressive Internet                                                            In order to understand what your customer
department’s should have the following tools
in place to effectively manage leads and
                                                 Draw a simple                                  expects from your Internet department it is
                                                                                                important that each Internet team member
allow your Internet sales team the flexibility    process diagram on                             visit the sites where your customer submits
to work with customers both in and away
from their office.                                a sheet of paper that                          leads. This will allow them to experience
                                                                                                first hand what messages your customer
                                                 identiÞes the steps                            receives while on the site and after they
 • PC – Every person working with
   Internet leads should have individual         to take and who                                submit the leads. This will be an eye-
                                                                                                opening experience and will tell you a great
   access to a computer so he or she can         should take them                               deal of how customers are influenced by the
   actively manage leads.
 • Lead management tool – An effective           to complete the                                lead submission path they take. You will
                                                                                                also understand why customers are a little
   lead management tool keeps you                action within your                             surprised when a dealership e-mails or calls
                                                 department when a
   organized and allows you to manage                                                           them after they submit a lead.
   large volumes of leads and market to
   your customers long-term.                     new lead arrives.                              There is plenty more to learn, but taking
 • Cell phone – In order to fully serve                                                         these first five steps will give you a head start
   the Internet customer you will need a                                                        and allow you to generate sales this week!
   cell phone so customers can contact          3. Outline a lead handling process
   you when you are away from your              There are a lot of different patterns for
   desk.                                        managing leads, and most of them work if
 • Two-way pager – An e-mail pager              you implement them consistently. Draw a
   allows you to respond anyplace               simple process diagram on a sheet of paper      David Kain is the automotive Internet
   anytime, which will likely exceed            that identifies the steps to take and who        training specialist at Kain Automotive Inc.
   your customer’s expectations and             should take them to complete the action         He can be contacted at 800.385.0095, or
   position your dealership to sell the         within your department when a new lead          by e-mail at dkain@autosuccess.biz, or
   customer first.                               arrives.                                        visit www.kainautomotive.com.


  10
RadWeaver


                          Understanding the Difference Between a Web Site and a Total
                       Marketing Strategy Can Help Sell an Additional 500 Cars a Month
                        Dealers often look at         feature of all your advertising. If you use         that’s important to most customers. We started
                        our Internet success          billboards, make sure the customer sees             to shift out thinking when we began to look at
                        and ask me what               www.ABCDealer.com. We’ve implemented                our Web site as more than a place to go online
                        makes our Web site            a number of innovative ways to gather e-mail        to get information about our dealership, our
                        unique. For starters,         addresses so that we can launch promotional         products and our services. The difference
                        our success involves          e-mail campaigns periodically, as well.             between our old templated site and our new
more than just an awesome Web site, it is due         The key here is that the e-mails are unlike         system is that www.RedMcCombs.com now
to our entire Internet CRM strategy.                  anything else on the market. For example,           serves as a total marketing system to drive
                                                      our customers view a movie-mail that                more phone traffic, showroom traffic and
Our success is due to our strategy to create          includes sound and animation that works on          Internet leads, and as a result has helped
more traffic, to increase our closing ratio, our       slow connections.                                   us sell an additional 500 vehicles in one
gross, CSI and loyalty. Our strategy includes                                                             month and generate 750,000 in additional
online marketing, search engine marketing,            We also know that seven out of 10 customers         gross. Specials are prominent and frequently
e-mail marketing, CRM tools, the right                do their research online and might not look         updated, and the customers automatically
people, process and pricing. The reason we            to the newspaper when they begin their              get a virtual test drive on the vehicle in
increased our sales from 100 to 500 cars a            shopping. For this reason, we’ve made sure          which they’re interested. This indicates to
month is because we have implemented all of           that when the customer uses a popular search        us that they’ve submitted a lead, and what’s
these key components.                                 engine like Google, they’re likely to see our       great is that our system automatically sends
                                                      name at the top of the list.                        out another movie-mail. At this point, the
First, the right Web site will generate high                                                              customer receives a brochure, a “Why buy
quality leads and lower your cost per sale, but       The next step in the customer experience is to      here?” multi-media e-mail, competitive
only if you get the customers there. One way          actually visit the site. While they’re there, our   comparisons and a phone call to set the
to do this is to make your URL a prominent            new site makes it easy to find the information       appointment.

                                                                                                          If we are successful in setting the appointment,
                                                                                                          the movie-mail might be designed to confirm
                                                                                                          the appointment and provide directions and
                                                                                                          let them know how fast, fun and easy it is to
                  Keep your customers                                                                     get a car this way. Our system even includes
                                                                                                          messages in the event that someone doesn’t

                  for just pennies a day.                                                                 show and of course, there’s a whole suite
                                                                                                          of campaigns for unsold follow-up, sold
                                                                                                          follow-up, service reminders and renewal
                                                                                                          campaigns.

                                                                                                          We have learned that the majority of
                                                                                                          customers don’t but right away and therefore,
                  Loyalty DriverTM by             .                                                       we need to follow-up sometimes for three to
                  is email marketing made
                                                                                                          six months. That is why our CRM tool is a
                                                                                                          critical part of our success. In particular, our
                  easy. Your own customized                                                               CRM tool automates all of our long-term
                  e-newsletter with profes-                                                               follow-up and as a result, it adds five to 10
                  sionally written content                                                                percent to our overall closing ratio some
                  and sophisticated report-                                                               months.
                  ing including our unique
                                                                                                          Although our Web site has won many awards
                  buy signal allowing you to                                                              it is only part of our strategy. However,
                  know when your customer                                                                 together with our online marketing people,
                  is ready to buy.                                                                        process and CRM tools we have used it to
                                                                                                          sell 500 extra cars a month and that number
                                                                                                          continues to climb.

                             CONTACT US TODAY
                         at 866-964-NEWS (6397) ext.214                                                   Rad Weaver is the Internet director at
                                                                                                          Red McCombs. He can be contacted
                      or email us at loyaltydriver@imninc.com                                             at 866.210.2838, or by e-mail at
                                                                                                          rweaver@autosuccess.biz.


  12
RandyBarone


                                                             Used Vehicle Market:
                                                          Get Your Piece of the Pie
                      Dealers using an           street to the used car lot.                      can identify training opportunities to ensure
                      automated system to                                                         outstanding customer service.
                      manage trade closing       Achieve an optimum trade closing ratio
                      ratios in their used       Determine the necessary steps to ensure the      Do you have multiple stores? You can get
                      car business have          optimum trade closing ratio for your store.      the latest reporting and monitoring so that
                      increased gross retail     Learn know which vehicles to vie for and         information can be reviewed regarding single
profit by 10 percent. They also have reduced      which to pass on to have the right inventory.    point or multiple stores from anywhere in the
wholesale losses by 37 percent and achieved                                                       country. You can also obtain a track record
a turn time of just two days. If you aren’t      Software is now available that shows you         of recon and how fast a vehicle goes from
using an automated system, think about the       which product you need to stock to have 80       service to being front-line ready. You can get
impact it could have on your business.           percent of inventory turn in 22 days or less.    recommendations for which vehicles to list
                                                 The software determines when a vehicle is        online to maximize time and profits.
Automated systems enable dealers to keep         being appraised over or under auction book
close tabs on the percentage of used vehicles    and market data. This helps ensure that the      Don’t allow the competition to take away
appraised versus vehicles actually traded. By    best decision is made while the customer is      your customers because of deficient trade
having this information at your fingertips,       still at the dealership.                         closing ratios. You have the potential to
you can better determine the steps needed                                                         easily double your used car business by
to achieve an optimum trade closing ratio.       Show your customers good taste and               using current technology.
To maximize your profitability, you need          excellent service
a trade closing ratio of above 45 percent.       In addition, your customers and sales team can
This means trading for 45 percent of all         be confident that the appraisal your dealership   Randy Barone is the vice president of
                                                                                                  sales at American Auto Exchange Inc., a
used vehicles appraised. If you don’t have       provides is backed by solid data. If you want    subsidiary of JM Family Enterprises Inc.
this type of ratio, too many of your potential   to track the performance of sales personnel,     He can be contacted at 800.901.3017, or
customers are taking their business down the     each individual’s activity is available. You     by e-mail at rbarone@autosuccess.biz.




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AutoSuccessOct05

  • 1. AutoSuccess Best Practices Summit III Details Page 4 .biz Dealix: Driving Online Auto Sales Vice Presidents Steve Pace and Dean Evans Talk Sales from 10 Years in the Business
  • 2. PUT YOUR DEALERSHIP UNDER THE LIGHTS WITH AUTOTRADER.COM AND ABC’S MONDAY NIGHT FOOTBALL. AUTOTRADER.COM HAS TEAMED UP WITH ABC’S MONDAY NIGHT FOOTBALL TO GIVE YOUR DEALERSHIP THE WINNING EDGE. Make the big play, and drive more traffic to your dealership with AutoTrader.com’s sponsorship of ABC’s Monday Night Football. This sponsorship will have a huge impact and reach 12.5 million households each week. Only AutoTrader.com can offer you an opportunity this big. Which is why we’re the driving force behind $50 billion in used-car sales every year. So take advantage of this sponsorship, and find out why AutoTrader.com is the smarter way to sell more cars. 2005 ABC Monday Night Football Sponsorship: • The biggest match-ups every week • Every wild-card game in January • AutoTrader.com Post-Game Show Call AutoTrader.com at 1-888-249-6860 today. ©2005 AutoTrader.com is a trademark of TPI Holdings, Inc. and is used under license. “ABC’s Monday Night Football” is a registered trademark of ABC Sports, Inc. and is used under license.
  • 3.
  • 4. Dean Evans David Kain Darren Sean Scott Joseph Vice President of President, Kain Haygood WolÞngton President & CEO, Marketing, Dealix Automotive Inc. Owner, BZResults.com J&L Marketing, Inc. General Manager, Internet & BDC Training Lokey Nissan Case Study: How Case Study: Johnson You will learn: Specialist to use BDC/Internet City Honda: Sells 65 - Internet Marketing that You will learn: departments to sell extra cars a month generates high quality You will learn: - The "Real Deal", 100 - 500 extra cars a and grosses increased leads - Mapping out the best maximizing REAL ROI month. $1,300 per car - Maximizing lead Internet sales process - e-Commerce success, You will learn: generation from your - E-mail templates for choose the right solution - Setup a successful You will learn: Web site the best short and long- for your dealership BDC/Internet - How to add 33% to - Maximizing third party term communication - Used cars, sell more at department your bottom line and not automotive sites - Phone script elements HIGHER grosses - Use the Web to increase ad budget - Metrics that matter that turn leads into promote all your proÞt - How to grow your - New cars, to BDC or - Focus on return on appointments centers customer base not to BDC - Use the Web to drive investment - Recruiting, hiring and - How to increase your - Spend $200 to sell showroom & phone compensating for results average gross per unit 9 units trafÞc - How to increase - Sell old stock, vehicles purchase frequency plus & parts inventory customer residual value - Use e-mail marketing to drive more trafÞc for zero cost Steve Hiatt Keith Latman Jasen Rice Chip Perry Jim Adams Dealers & Managers Only! Owner, Mountain CEO & Co-Founder, Internet Director, Lou CEO and President, General Manager, Mitsubishi iCarMagic Fusz Automotive Roper Kia AutoTrader.com Case Study: How to increase your net by half a million in a year. Case Study: How to avoid the smoke Case Study: Ranked #17 in Total Internet Sales for dealer groups, Internet Advertising Honor Your Two days of intense learning. Dramatically improve and mirrors and use Best Practices Commitments: The You will learn: Internet departments technology to increase Þve things we owe our - Evaluating personnel, generate upwards your bottom line sales staff of 20%-40% of the your results. the lazy or content ones You will learn: - Continually train You will learn: dealerships total - How AutoTrader.com’s everyone: Front end two - How to use software business. top performing dealers You will learn: times a week, Þxed end tools to merge the You will learn: get their outstanding - How to understand that once a week Internet & Showroom into - Marketing to today’s results opportunity generations - Put in controls. Move a cohesive opportunity Internet consumers are the key to success over aged inventory in - Internet Department’s - Take home - How to manage lead new, used and parts steps and processes to examples of effective - Individual goal setting providers and Web site - Forge a deep trafÞc to bring on real the appointment/sale merchandising you - Managing activities relationship with your ROI & not just hype - Gaining revenue in the can put to bring results manufacturer to help get - When technology can Þnance department and immediate use - Daily one-on-ones: The correct inventory, ßoor help you and where it getting them to become key to success line and capital can hurt you more atoned to the - Your selling attitude: - Praise every - E-mail prospecting Internet customer improvement in sales pitfalls, how too much - Meeting and exceeding Mirroring behavior goals, certiÞcations, etc. of a free thing can hurt Internet customers - Building your dealer out in public your store expectations brand MGM Grand Las Vegas, Nevada November 3 & 4, 2005 Randy Barone Vice President of Robert Revere CRC Director, Avondale Kevin Root VP & GM, Dealer Jennifer Picheco Erik Stuttz Vice President of Consulting, STC Group Limited Seats, Register Today! Sales, American Auto 866.317.7914 Auto Group Advisory Service, The Director of Exchange Inc. Cobalt Group e-Commerce, Germain Case Study: Paragon 10 Must Haves for Motor Company Honda & Acura uses Case Study: Transition CRC to sell 106 extra Today's Used Vehicle Case Study: Processes Department from Internet BDC to Case Study: Germain cars in one month. the top 20 dealerships modern day CRC Motor Company’s You will learn: You will learn: Case studies from successful use to convert more Internet department - Sales people, the leads to sales - How we increased our sells over 200 cars per leads and increased right number and the You will learn: month - here is our our closing ratio from 7 dealerships across the country. right type - Lower compensation You will learn: secret percent to 25 percent - How to achieve a 50 percentages percent closing trade-in - Use the top three - How to evaluate the - Lower overhead key success drivers to You will learn: different CRC models ratio - 100 percent convert leads to sales - Dedicated vs. to choose the one that - What to list online for Designated works for your store maximum results accountability - Avoid the three most - The pricing fear factor Class room style seating only - How to eliminate common mistakes that - How to staff your CRC - Higher results - Are you really listening - How to build out & wholesale loss kill sales to the customer? overcome obstacles to - What to stock (80 - Maximize your lead - Third-party leads... $695 in advance, $995 after percent of inventory creating a successful volume Why not? CRC turning in 22 days - Respond to leads - Move forward or move - Best practices for or less) on - Our follow-up October 5, 2005. - Best practices of some - Drive for appointments turning leads into schedule appointments that show of the largest dealers - Focus on processes - Measure, track and and appointments into and dealer groups in the that deliver results feedback sales country Speakers and times subject to change
  • 5. SUMMITIII BEST PRACTICES LEADERSHIP • INTERNET • CRM • MARKETING • BDC • SALES Call today to register. toll free 866.317.7914 web www.autosuccess.biz
  • 6. Making the Most of Change 8 BrianTracy INSID Just Promoted to Internet Manager, What to do First Understanding the Difference Between a Web Site and a Total Marketing System Can Help Sell an Additional 500 Cars a Month The Science of Persuasion 10 12 9 AnthonyHall DavidKain RadWeaver Used Vehicle Market: Get Your Piece of the Pie 14 RandyBarone Matching and Mirroring 16 PattiWood Ride Employee Development to the Top 18 TomGegax Dealix: Driving Online Auto Sales Vice Presidents Steve Pace and Dean Evans Talk Sales from 10 Years in the Business 20 BrianAnkney Crunching the Numbers: Many Dealerships Pay More than Necessary in Trash Bills 22 TracyGetz Can I Trust You 24 MarkTewart Use Your Own Unique Leadership Style to Build a Better Team Beyond the Vision 26 CarolMartin-Ardell Using the Service Drive to Sell VSCs 28 TonyDupaquier Quick-Þx Ideas 30 ScottJoseph This is YOUR Life, Don’t Trust Your Memory 32 MichaelYork People Won’t Go Along With You if They Can’t Get Along With You 34 SeanWolfington A Perpetual State of Motivation 36 JimAdams Matthew 21:22 “If you believe, you will receive what you ask for in prayer.” 3411 Pinnacle Gardens Drive Louisville, Kentucky 40245 ! Toll Free: 877.818.6620 " Facsimile: 502.588.3170 James 3:17 Patrick Luck, Editor & Publisher • pluck01@autosuccess.biz “But the wisdom that is Susan Givens, Vice President • sgivens02@autosuccess.biz from above is first pure, then Courtney Paris, Sales-improvement Strategist peaceable, gentle, and easy to be • chill-paris04@autosuccess.biz intreated, full of mercy and good Brian Ankney, Sales-improvement Strategist • brian01@autosuccess.biz fruits, without partiality, God Bless America Thomas Williams, Creative Director • twilliams03@autosuccess.biz and without hypocrisy.” AutoSuccess Magazine is published monthly at 3411 Pinnacle Gardens Drive, Louisville, Kentucky, 40245; 502.588.3155, fax 502.588.3170. Direct all subscription and customer service inquiries to 877.818.6620 or info@autosuccess.biz. Subscription rate is $75 per year. AutoSuccess welcomes unsolicited editorials and graphics (not responsible for their return). All submitted editorials and graphics are subject to editing for grammar, content, and page length. AutoSuccess provides its contributing writers latitude in expressing advice and solutions; views expressed are not necessarily those of AutoSuccess and by no means reflect any guarantees. Always confer with legal counsel before implementing changes in procedures. © All contents copyrighted by AutoSuccess Magazine, a Division of Systems Marketing, Inc. All rights reserved. Reproduction in whole or part is prohibited without express written consent from AutoSuccess. AutoSuccess may occasionally make readers’ names available to other companies whose products and/or services may be of interest; readers may request that names be removed by calling 877.818.6620. Printed in the USA. Postmaster: Send address changes to AutoSuccess Magazine, 3411 Pinnacle Gardens Drive, Louisville, Kentucky 40245.
  • 7.
  • 8. BrianTracy Making the Most of Change To deal with change, Acceptance is the opposite of rejection or adjusting your mind to the new information perhaps the most resistance. Acceptance keeps your mind calm and preparing to take steps to deal with the valuable quality and positive. The minute you accept that a change effectively. you can develop is change has occurred and that you can’t cry flexibility. Form the over spilled milk, you become more capable The final part of this four-step method for habit of remaining of dealing with the change and turning it to dealing with change is to improve on the open-minded and adaptable to new your advantage. existing situation. Often, a change signals information and circumstances. When things that your plans are incomplete or that you go wrong, as they sometimes will, instead One of the best ways to deal with the worry might be heading in the wrong direction. of becoming upset or frustrated, practice that is often generated by unexpected Serious changes, which seemingly create looking into the change or reversal for the changes is to sit down and answer, on paper, real problems, are often signals that you are opportunity or benefit it might contain. the question: “What exactly am I worrying on the wrong track. There is an old saying, about?” “Crisis is change trying to take place.” If, Superior men and women are invariably instead of resisting change, like a pine tree those who remain calm and keep their wits In medicine, it is said that accurate diagnosis that snaps in a strong wind, you bend with about them amid unexpected turbulence. is half the cure. When you sit down and change, like a willow tree, you will often find They take a deep breath, relax and assess the define a worry situation clearly on paper, it that the change is a healthy and positive step situation objectively. They keep themselves suddenly becomes less stressful to you and it toward achieving your goals. calm and unemotional by asking questions will often resolve itself. In any case, when it and seeking information when things don’t is clearly defined, you have diagnosed it, and W. Clement Stone, the founder of Combined work out as they expected. For example, if you can now do something about it. Insurance Company of America, is famous someone doesn’t fulfill a commitment, or if for his attitude of being an “inverse paranoid.” a sale is canceled or fails to go through, they The second step is to ask yourself, “What He is convinced that everything that happens keep their minds clear and steady by asking is the worst possible thing that can happen is part of a conspiracy to help him to be more questions, such as “What exactly happened in this worry situation?” Much worry and successful. Whenever something unexpected in this situation?” They deal with change stress comes from the refusal to face what occurs, he immediately says, “That’s good!” by focusing on getting the facts before might happen as a result of your difficulty or and then looks into the situation to find out responding. They develop the ability to cut problem. When you clearly define the worst exactly what is good about it. through the confusion and ask questions such possible outcome and write it down next to as “Why did this happen? How did it happen? the definition of the problem, you will find The mark of a superior person is “tolerance How serious is it? Now that it has happened, that whatever it is, you can handle it. Often for ambiguity.” This simply means that what are the various things we can do?” your worries will begin to evaporate as soon you have the capacity to deal effectively as you have clearly determined the worst that in a rapidly changing situation. The higher The critical issue in dealing with change is might happen as a result. up you go  the greater your income and the subject of control. Most of your stress and responsibilities, the higher your status and unhappiness comes as a result of feeling out Now decide to accept the worst possible position  the faster the rate of change will of control in a particular area of your life. If outcome should it occur. Mentally resolve be around you. At every stage, it will be your you think about the times or places in which that even if the worst possible consequences ability to function with calmness, clarity and you feel the very best about yourself, you will ensue from this situation, it will not be the quiet assurance that will mark you as the notice that you have a high degree of control end of the world for you. You will accept it kind of person who is going places in life. in those places. One of the reasons you like and carry on. In fact, it could probably be In the final analysis, your ability to perform to get home after a trip is that after you walk a lot worse. The very act of accepting the effectively in a world of ongoing change is through your front door, you feel completely worst possible outcome completes the cycle the true measure of how well developed a in control of your environment. You know of eliminating from your mind the stress and person you really are. And the keys are to where everything is. You don’t have to anxiety associated with the situation. accept change, adjust to change, improve answer to anyone. You can relax completely. upon change and move on to the next You are back in control. You are now ready for the third step situation. As you continue to do this, you will in dealing with change, and that is to have such a wonderful feeling of self-control With a clear idea of where you’re going and adjust your behaviors and actions to the and self-determination that your whole life what you want to accomplish, you develop new situation. Ask yourself, “What are all will be bright and positive, and so will your resilience, which is the ability to bounce back the things I can do to make sure that the results. rather than break. You develop what is called worst possible outcome does not occur?” the “hardy personality” and become the type Sometimes we call this damage control. In of person who is resistant to the negative business schools, this is an important part of emotions that affect people who have no decision making, and it is called the mini-max goals or direction. regret solution. What can you do to minimize Brian Tracy is the chairman and CEO the maximum damage that can occur from an of Brian Tracy International. He can be The first step in dealing with any change unexpected change or setback? As you begin contacted at 866.300.9881, or by e-mail at is simply to accept the change as a reality. thinking of all the things you can do, you are btracy@autosuccess.biz. 8
  • 9. AnthonyHall The Science MEET YOUR NEW of Persuasion Selling is the ability and slow pace, try to do the same thing. This E-PLOYEE... to be able to persuade is called mirroring. another human being to see things your Proceed with caution; however, do not let way, as it relates them be aware that you are copying them. WORKS 24/7 WITHOUT A They might interpret it as mockery and you’ll to the car business, just get into trouble. SICK DAY OR VACATION! and to purchase the car you’re selling, at a reasonable price. 3. Be cheerful and nice A professional automobile sales person is Did your mother tell you to be nice to people? a professional mind changer, a persuader. She was right. People like others who brighten Selling skills are word tracks and processes up their day. Make sincere compliments to designed to persuade another person to act or raise their spirits. Little things like these go think in a predetermined manner. a long way to breaking the ice and getting the relationship off to a good start. In the sales profession, words are your 4. Be sincere and trustworthy toolbox. The only thing you really are paid to do is to talk with customers. The words Make them feel that whenever they need help and actions you choose and the order you in the future, you’ll always be there to lend them a hand. You’re their go-to guy or gal. TIMEHIGHWAY.COM replaces speak them and action you take, reflect the People tend to be more receptive to those telephone-based scheduling with interpersonal skills that separate great sales people from those who are merely poor or they trust. When you have a customer you are internet technology that enhances average. trying to sell, over-deliver and exceed their the effectiveness and customer expectations. They will notice your efforts satisfaction of your dealership. Good communicators are always good and will be more than glad to do business By scheduling appointments listeners. Success in sales is directly with you and your dealership. proportional to a person’s ability to effectively directly through your web site, 5. Provide them with compelling evidence your customers make conÞrmed communicate with customers. Explain to them that you, your dealership and appointments instantly without The saying, “No man is an island” is an vehicle could provide the most benefits for call-backs. TimeHighway.com undeniable truth. We need the support and them. Show them undeniable proof that you puts your service department’s cooperation of our customers to help us in have the best product by way of testimonials, reaching our goals. magazine articles and detailed comparisons schedule on your web site, against your competitors. Just make sure that making it possible to schedule Selling skills is an area we need to study all your claims are true and verifiable. Always appointments 24 hours a day, 7 in detail, daily. The relationship with the maintain a good reputation. days a week, from anywhere. customer is more important than any procedures or negotiation techniques. 6. Show “What’s in it for them” Structuring a sale is a series of events. This is the most important thing to remember • Your 24/7 Revenue when persuading anyone. People are self- Successful sales people know that one of centered. They always put their own well- Building Tool the most important abilities to possess is the ability to persuade and influence others. Here being before others. No matter how close • EfÞcient and Simple to Use you are to becoming like them or how are seven hot tips to do this effectively. overwhelming your evidence is, if it does • Automatic ConÞrmation 1. Enter their world not satisfy the “what’s in it for me?” test, and Reminder Emails Try to put yourself in the customer’s shoes your persuasion efforts will not produce and understand what would be important in satisfactory results. If you can prove that your • Cost Effective: Only 54 the next vehicle from their point of view. Set proposal will provide more advantageous cents an hour aside your personal interests and concentrate benefits to them than you, they are more on the customer. Ask yourself if you are him likely to accept it. or her, what would you want from your next For More Information Contact 7. Genuinely care for them vehicle? What would be your concerns? Then Karen Dillon at 800.901.3054 or Focus more on their interests, desires, needs structure the appropriate vehicle presentation and expectations, so you can satisfy their kdillon@TimeHighway.com that would build value and point out the craving for attention and establish mutual benefits. trust and respect. It also shows that you really 2. Mirror their body language care about them and that will make them more People feel comfortable with those who are likely to trust you and to work with you. like them. Copy the person with whom you 5633 Strand Blvd, Suite 302 are trying to create a connection. Observe Anthony Hall is a training consultant Naples, FL 800.901.3054 how they act, how they speak, and how they at Ziegler Supersystems. He can be www.TimeHighway.com think. If they rub their forehead while they contacted at 800.610.9047, or by e-mail at think, act like them. If they speak at a clear ahall@autosuccess.biz. october 2005 9
  • 10. DavidKain Just Promoted to Internet Manager; What to do First Congratulations to the Leads – There are many sources of leads, Be Specific and carry it out to the fullest new group of Internet and your dealership likely has leads coming detail possible. managers out there! in from a variety of sources already. Keep You are embarking in mind that you will receive leads by e-mail 4. Learn your products on an exciting and by phone depending on your listings. Internet customers have easy access to adventure that will Both types are vital to your operation and it information about their choice of vehicles allow you to increase your income by is important that your team be the recipient and they typically know a great deal about serving the fastest growing segment of the of the e-mails and the calls related to the their choices. As a result, they tend to judge automotive marketplace. Be excited about Internet. Your lead management tool will the dealership person they communicate the opportunity and bring a lot of energy to be the best source for identifying your lead with on a more critical basis if they cannot the role. Regardless of what situation you sources. A good rule of thumb is to generate effectively answer questions about their walked into, there are some important first 80 to 100 leads for each full-time Internet products. To meet Internet customers’ steps you should take to ensure you have sales person if they work the deals from expectations it is important that you ensure solid success now and in the future. Take lead inception to vehicle delivery and to that each person on your team is fully these five steps first and you will set the generate 150 to 200 leads for full-time BDC/ committed to learning about the products stage for good results. CRC or call center team member if they set you represent. appointments for the dealership sales team. 1. Identify expectations New inventory Of course you have your own expectations Example Lead Sources Have your team become product certified and would likely not have accepted the job • Dealership Web site leads by the manufacturer and sharpen their skills if you did not feel you could improve your – www.yourdealership.com with product presentations by the dealership income and position within the dealership. • Manufacturer leads sales team. Test drive the products so they However, it is equally important to find – FordDirect.com, BuyaToyota.com, can learn about the unique features and out what your management team expects GMBuyPower.com, etc. benefits. from the department. Ask them how they • Third-party leads will measure the department results and – Dealix.com, AutoUSA.com, Used inventory be sure to obtain objective goals that you Autobytel.com, etc. Do a daily inventory walk, test drive new feel you can reach. It is important that you • Online classiÞed leads arrivals and ask the sales person that traded understand what actions are necessary to – AutoTrader.com, Cars.com, for the vehicle to tell you about the history achieve the goals and how management will AutoExtra.com, etc. so you can bring the vehicle to life for the work with you to support your efforts. • Online Auctions customer. – eBay.com, Overstock.com, etc. 2. Identify resources 5. Walk in your customer’s shoes Tools – Today’s progressive Internet In order to understand what your customer department’s should have the following tools in place to effectively manage leads and Draw a simple expects from your Internet department it is important that each Internet team member allow your Internet sales team the flexibility process diagram on visit the sites where your customer submits to work with customers both in and away from their office. a sheet of paper that leads. This will allow them to experience first hand what messages your customer identiÞes the steps receives while on the site and after they • PC – Every person working with Internet leads should have individual to take and who submit the leads. This will be an eye- opening experience and will tell you a great access to a computer so he or she can should take them deal of how customers are influenced by the actively manage leads. • Lead management tool – An effective to complete the lead submission path they take. You will also understand why customers are a little lead management tool keeps you action within your surprised when a dealership e-mails or calls department when a organized and allows you to manage them after they submit a lead. large volumes of leads and market to your customers long-term. new lead arrives. There is plenty more to learn, but taking • Cell phone – In order to fully serve these first five steps will give you a head start the Internet customer you will need a and allow you to generate sales this week! cell phone so customers can contact 3. Outline a lead handling process you when you are away from your There are a lot of different patterns for desk. managing leads, and most of them work if • Two-way pager – An e-mail pager you implement them consistently. Draw a allows you to respond anyplace simple process diagram on a sheet of paper David Kain is the automotive Internet anytime, which will likely exceed that identifies the steps to take and who training specialist at Kain Automotive Inc. your customer’s expectations and should take them to complete the action He can be contacted at 800.385.0095, or position your dealership to sell the within your department when a new lead by e-mail at dkain@autosuccess.biz, or customer first. arrives. visit www.kainautomotive.com. 10
  • 11.
  • 12. RadWeaver Understanding the Difference Between a Web Site and a Total Marketing Strategy Can Help Sell an Additional 500 Cars a Month Dealers often look at feature of all your advertising. If you use that’s important to most customers. We started our Internet success billboards, make sure the customer sees to shift out thinking when we began to look at and ask me what www.ABCDealer.com. We’ve implemented our Web site as more than a place to go online makes our Web site a number of innovative ways to gather e-mail to get information about our dealership, our unique. For starters, addresses so that we can launch promotional products and our services. The difference our success involves e-mail campaigns periodically, as well. between our old templated site and our new more than just an awesome Web site, it is due The key here is that the e-mails are unlike system is that www.RedMcCombs.com now to our entire Internet CRM strategy. anything else on the market. For example, serves as a total marketing system to drive our customers view a movie-mail that more phone traffic, showroom traffic and Our success is due to our strategy to create includes sound and animation that works on Internet leads, and as a result has helped more traffic, to increase our closing ratio, our slow connections. us sell an additional 500 vehicles in one gross, CSI and loyalty. Our strategy includes month and generate 750,000 in additional online marketing, search engine marketing, We also know that seven out of 10 customers gross. Specials are prominent and frequently e-mail marketing, CRM tools, the right do their research online and might not look updated, and the customers automatically people, process and pricing. The reason we to the newspaper when they begin their get a virtual test drive on the vehicle in increased our sales from 100 to 500 cars a shopping. For this reason, we’ve made sure which they’re interested. This indicates to month is because we have implemented all of that when the customer uses a popular search us that they’ve submitted a lead, and what’s these key components. engine like Google, they’re likely to see our great is that our system automatically sends name at the top of the list. out another movie-mail. At this point, the First, the right Web site will generate high customer receives a brochure, a “Why buy quality leads and lower your cost per sale, but The next step in the customer experience is to here?” multi-media e-mail, competitive only if you get the customers there. One way actually visit the site. While they’re there, our comparisons and a phone call to set the to do this is to make your URL a prominent new site makes it easy to find the information appointment. If we are successful in setting the appointment, the movie-mail might be designed to confirm the appointment and provide directions and let them know how fast, fun and easy it is to Keep your customers get a car this way. Our system even includes messages in the event that someone doesn’t for just pennies a day. show and of course, there’s a whole suite of campaigns for unsold follow-up, sold follow-up, service reminders and renewal campaigns. We have learned that the majority of customers don’t but right away and therefore, Loyalty DriverTM by . we need to follow-up sometimes for three to is email marketing made six months. That is why our CRM tool is a critical part of our success. In particular, our easy. Your own customized CRM tool automates all of our long-term e-newsletter with profes- follow-up and as a result, it adds five to 10 sionally written content percent to our overall closing ratio some and sophisticated report- months. ing including our unique Although our Web site has won many awards buy signal allowing you to it is only part of our strategy. However, know when your customer together with our online marketing people, is ready to buy. process and CRM tools we have used it to sell 500 extra cars a month and that number continues to climb. CONTACT US TODAY at 866-964-NEWS (6397) ext.214 Rad Weaver is the Internet director at Red McCombs. He can be contacted or email us at loyaltydriver@imninc.com at 866.210.2838, or by e-mail at rweaver@autosuccess.biz. 12
  • 13.
  • 14. RandyBarone Used Vehicle Market: Get Your Piece of the Pie Dealers using an street to the used car lot. can identify training opportunities to ensure automated system to outstanding customer service. manage trade closing Achieve an optimum trade closing ratio ratios in their used Determine the necessary steps to ensure the Do you have multiple stores? You can get car business have optimum trade closing ratio for your store. the latest reporting and monitoring so that increased gross retail Learn know which vehicles to vie for and information can be reviewed regarding single profit by 10 percent. They also have reduced which to pass on to have the right inventory. point or multiple stores from anywhere in the wholesale losses by 37 percent and achieved country. You can also obtain a track record a turn time of just two days. If you aren’t Software is now available that shows you of recon and how fast a vehicle goes from using an automated system, think about the which product you need to stock to have 80 service to being front-line ready. You can get impact it could have on your business. percent of inventory turn in 22 days or less. recommendations for which vehicles to list The software determines when a vehicle is online to maximize time and profits. Automated systems enable dealers to keep being appraised over or under auction book close tabs on the percentage of used vehicles and market data. This helps ensure that the Don’t allow the competition to take away appraised versus vehicles actually traded. By best decision is made while the customer is your customers because of deficient trade having this information at your fingertips, still at the dealership. closing ratios. You have the potential to you can better determine the steps needed easily double your used car business by to achieve an optimum trade closing ratio. Show your customers good taste and using current technology. To maximize your profitability, you need excellent service a trade closing ratio of above 45 percent. In addition, your customers and sales team can This means trading for 45 percent of all be confident that the appraisal your dealership Randy Barone is the vice president of sales at American Auto Exchange Inc., a used vehicles appraised. If you don’t have provides is backed by solid data. If you want subsidiary of JM Family Enterprises Inc. this type of ratio, too many of your potential to track the performance of sales personnel, He can be contacted at 800.901.3017, or customers are taking their business down the each individual’s activity is available. You by e-mail at rbarone@autosuccess.biz. 14